Top Telecom Stocks To Research - August 7th

Key Points

• Broadcom, Palo Alto Networks, ServiceNow, Arista Networks, CyberArk Software, CRH, and AT&T are highlighted as key telecom stocks to watch based on recent trading volumes and market performance.
• Broadcom's shares recently increased by $0.78 to reach $302.45, with a market capitalization of $1.42 trillion and a 52-week price range of $134.90 to $310.34.
• Palo Alto Networks saw its stock price decrease by $5.77 to $167.12, alongside a market cap of $111.44 billion and a notable P/E ratio of 95.47.

Broadcom, Palo Alto Networks, ServiceNow, Arista Networks, CyberArk Software, CRH, and AT&T are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies in the telecommunications sector that provide voice, data and video services over wired and wireless networks. These firms include carriers, network operators and equipment suppliers whose revenues come from subscription fees, data plans and infrastructure deployment. Telecom stocks are often prized for stable cash flows and dividend yields but remain sensitive to regulatory changes and technological innovations. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Shares of NASDAQ AVGO traded up $0.78 during midday trading on Thursday, reaching $302.45. 12,069,968 shares of the stock were exchanged, compared to its average volume of 26,599,070. The stock has a 50 day moving average price of $270.33 and a 200-day moving average price of $225.92. The company has a current ratio of 1.08, a quick ratio of 0.98 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1.42 trillion, a P/E ratio of 113.33, a P/E/G ratio of 2.08 and a beta of 1.15. Broadcom has a 52-week low of $134.90 and a 52-week high of $310.34.

Read Our Latest Research Report on AVGO

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

NASDAQ PANW traded down $5.77 during trading hours on Thursday, hitting $167.12. 11,838,901 shares of the company's stock were exchanged, compared to its average volume of 6,022,362. The firm has a market capitalization of $111.44 billion, a P/E ratio of 95.47, a price-to-earnings-growth ratio of 4.01 and a beta of 0.94. Palo Alto Networks has a 12-month low of $144.15 and a 12-month high of $210.39. The business's 50 day moving average is $195.06 and its 200-day moving average is $187.10.

Read Our Latest Research Report on PANW

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW traded down $39.34 during trading hours on Thursday, hitting $872.98. The stock had a trading volume of 2,047,334 shares, compared to its average volume of 1,685,147. The firm has a market cap of $181.58 billion, a P/E ratio of 109.70, a P/E/G ratio of 4.08 and a beta of 0.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.09 and a current ratio of 1.09. ServiceNow has a 12-month low of $678.66 and a 12-month high of $1,198.09. The company's fifty day simple moving average is $988.58 and its 200 day simple moving average is $947.68.

Read Our Latest Research Report on NOW

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

NYSE:ANET traded down $0.55 during trading hours on Thursday, hitting $138.23. The stock had a trading volume of 8,534,064 shares, compared to its average volume of 10,684,482. The business has a 50 day simple moving average of $103.49 and a two-hundred day simple moving average of $95.28. The company has a market cap of $173.61 billion, a PE ratio of 54.33, a price-to-earnings-growth ratio of 3.44 and a beta of 1.37. Arista Networks has a 1-year low of $59.43 and a 1-year high of $141.01.

Read Our Latest Research Report on ANET

CyberArk Software (CYBR)

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.

Shares of NASDAQ:CYBR traded down $12.95 during midday trading on Thursday, reaching $400.51. The company had a trading volume of 2,052,921 shares, compared to its average volume of 903,208. CyberArk Software has a one year low of $254.43 and a one year high of $452.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. The stock has a market capitalization of $19.80 billion, a P/E ratio of -118.77 and a beta of 0.96. The stock's fifty day moving average price is $393.63 and its 200-day moving average price is $369.20.

Read Our Latest Research Report on CYBR

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

CRH stock traded up $8.99 during midday trading on Thursday, reaching $106.59. The company had a trading volume of 7,542,828 shares, compared to its average volume of 5,617,658. CRH has a fifty-two week low of $76.75 and a fifty-two week high of $110.97. The stock has a 50 day moving average price of $93.50 and a 200 day moving average price of $94.85. The firm has a market capitalization of $72.02 billion, a PE ratio of 22.62, a P/E/G ratio of 1.26 and a beta of 1.26.

Read Our Latest Research Report on CRH

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Shares of T traded up $0.60 during trading hours on Thursday, reaching $28.09. 25,762,249 shares of the company's stock traded hands, compared to its average volume of 37,797,422. AT&T has a twelve month low of $18.97 and a twelve month high of $29.19. The firm has a market capitalization of $200.82 billion, a price-to-earnings ratio of 15.95, a P/E/G ratio of 3.44 and a beta of 0.42. The business's fifty day simple moving average is $27.81 and its two-hundred day simple moving average is $26.93. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.76.

Read Our Latest Research Report on T

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.